Skip to main content

https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bank of Maharashtra Reports 14.64% YoY Growth in Q1FY26 — Full Business Update Inside

Deposits rise to ₹3.05 lakh crore and advances hit ₹2.41 lakh crore as the bank maintains strong growth momentum in April–June quarter of FY26.
Indian Masterminds Stories

MumbaiBank of Maharashtra (BoM) has announced a strong operational performance for the first quarter of the financial year 2025–26, reporting a 14.64% year-on-year (YoY) surge in total business. The bank’s total business reached ₹5.46 lakh crore as of June 30, 2025, reflecting healthy growth in both deposits and advances.

According to the provisional figures released by the bank, total deposits rose by 14.08% YoY to ₹3.05 lakh crore, while gross advances stood at ₹2.41 lakh crore, marking a 15.36% increase from the same period last year.

Read Also: Bank of Maharashtra Partners with SBI Card to Launch Co-Branded Credit Cards

Key Q1 FY26 Business Figures:

  • Total Business: ₹5.46 lakh crore (14.64% YoY)
  • Total Deposits: ₹3.05 lakh crore (14.08% YoY)
  • Gross Advances: ₹2.41 lakh crore (15.36% YoY)
  • CASA Deposits: ₹1.52 lakh crore (14.56% YoY)

CASA Strength Remains Robust

The bank also reported strong growth in CASA (Current Account and Savings Account) deposits, which stood at ₹1.52 lakh crore — up 14.56% YoY. This reflects Bank of Maharashtra’s continued focus on low-cost deposit mobilization, a key driver of profitability and financial stability.

Market Movement

Following the Q1 business update, Bank of Maharashtra shares were trading at ₹57.41, up 0.38% on the Bombay Stock Exchange (BSE), indicating a positive market sentiment.

Growth Momentum Continues

The double-digit growth across core business areas underscores the bank’s ongoing efforts to strengthen its retail, MSME, and corporate lending portfolios. With improving asset quality and a focus on digital banking and financial inclusion, BoM continues to reinforce its position among India’s high-performing public sector banks.

Read also: Vishal Sethia Appointed as Company Secretary & Board Secretary at Bank of Maharashtra

About Bank of Maharashtra

Bank of Maharashtra (BOM) is a public sector bank in India, owned by the Ministry of Finance, Government of India. It was established on September 16, 1935, and commenced operations on February 8, 1936. BOM provides various banking services, including personal banking, cash management, retail loans, and other financial services.


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
cm mohan yadav
CM Mohan Yadav Calls for Grand Tiranga Yatra on August 9, Reviews Sports Development in Madhya Pradesh
cm hemant
Jharkhand Allocates ₹4.23 Crore Under Swachh Bharat Mission (Urban) 2.0 for 49 Urban Local Bodies
nbcc
NBCC Hands Over ₹334 Crore Pt. Jawaharlal Nehru Government Medical College & Hospital in Chamba 
IREDA
IREDA Q1 FY27 Results: PAT Jumps 37% YoY to ₹337 Crore, Loan Book Crosses ₹94,851 Crore 
samrat-choudhary-263553606-16x9_0
Bihar to Produce Fish Brood for the First Time as ₹10.92-Crore Fish Brood Bank Opens in Sitamarhi
Supreme Court Wetland Verification Order
Supreme Court Questions Arunachal Govt's Cooperation in CBI Probe, Summons Top Bureaucrats
Akshaya Centre Reservation
Kerala HC Questions IPS S. Sreejith's DGP Promotion Amid Pending Corruption Allegations, Asks 'What's the Hurry?'
PFC logo resized Power Finance Corporation Ltd
PFC Transfers Two Renewable Energy Transmission SPVs to Apraava Energy and Power Grid 
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
How NAFED is Strengthening Farmers, Markets and Food Security
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
How IFS Piyusha Jagtap Is Changing Conservation Through Stories, Communities and Compassion | Video Interview
ADVERTISEMENT
UPSC Stories
Deepak Bhagel UPSC
The UPSC Strategy That Changed Everything for AIR 602 Deepak Baghel
UPSC CSE 2025 AIR 602 Deepak Baghel shares how self-study, simplifying preparation, learning from setbacks,...
Abhay Raghav UPSC IFS 2025
How an IIT-BHU Graduate and Former NVIDIA Engineer Abhay Raghav Turned a 3-Mark Setback into Success
Read how Abhay Raghav, an IIT-BHU graduate and former NVIDIA engineer, secured AIR 19 in UPSC IFS 2025...
ChatGPT Image Jul 29, 2026, 10_04_18 AM
CSE 2025 AIR 562 Nitesh Chose India Over an American Dream and Reached Civil Services After Six Attempts
UPSC CSE 2025 AIR 562 Nitesh's inspiring journey from a small village in Madhya Pradesh to IIT Bombay,...
CSR NEWS
GRID-INDIA ALIMCO
GRID-INDIA Signs MoU with ALIMCO to Provide Assistive Devices to Persons with Disabilities
The CSR partnership aims to promote accessibility, independence and social inclusion by providing assistive...
Project Poshit
WCL Signs MoU with Zilla Parishad Gadchiroli to Launch Project Poshit for Maternal Nutrition 
Western Coalfields Limited has partnered with Zilla Parishad, Gadchiroli, to implement an Anganwadi-based...
wcl
Western Coalfields to Provide ₹2 Crore CSR Aid for Sevanand School Development in Koradi 
Western Coalfields Limited has signed an MoU with Shri Mahalakshmi Jagdamba Sansthan to strengthen educational...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
cm mohan yadav
CM Mohan Yadav Calls for Grand Tiranga Yatra on August 9, Reviews Sports Development in Madhya Pradesh
cm hemant
Jharkhand Allocates ₹4.23 Crore Under Swachh Bharat Mission (Urban) 2.0 for 49 Urban Local Bodies
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
ADVERTISEMENT
ADVERTISEMENT